Why is Rallis India falling/rising?

As of 18-Sep, Rallis India Ltd's stock price is currently at 340.10, reflecting an increase of 3.0 or 0.89%. Today's performance indicates that the stock has outperformed its sector by 1.69%. However, despite this positive movement, the stock has shown a decline of 10.41% over the past month, contrasting with a 1.63% gain over the last week. The stock is trading higher than its 5-day, 100-day, and 200-day moving averages but lower than its 20-day and 50-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 46.7% compared to the 5-day average. On a positive note, the company has reported strong financial results, including a significant growth in profit before tax and net sales, which may contribute to the stock's recent upward movement.
In the broader market context, Rallis India has underperformed relative to the Sensex over the past month, which has increased by 2.14%. However, the stock has shown a year-to-date return of 14.51%, outperforming the benchmark's 6.24% gain. The company's low debt-to-equity ratio and high institutional holdings at 25.54% suggest a stable financial position and confidence from larger investors. Despite the recent positive earnings report and a fair valuation compared to peers, the stock's short-term volatility and declining delivery volumes may be causing some caution among investors.